Microsoft in recent weeks has accused Sony of misleading regulators and making its case to officials, The New York Times reported two weeks ago. The FTC’s suit could be a test case for President Biden’s mandate to scrutinize big tech mergers. A fifth seat on the panel is vacant after another Republican left earlier this year. In a closed door session, the three Democratic commissioners voted in favor of blocking the deal with the sole Republican voting against the measure. (Sony has its own PlayStation Plus subscription service, too.) FTC: Following Biden's plan to scrutinize big tech?
The service generated $2.9 billion in 2021, the Australian tech site TweakTown reported in October, citing documents Microsoft submitted to Brazilian regulators assessing the Activision Blizzard deal. Microsoft's Xbox Game Pass, a Netflix-like game service, generated about 15% of Xbox gaming revenue in 2021, The Verge reported Spencer saying at an October tech conference held by The Wall Street Journal. Microsoft has games such as Halo Infinite and Forza Horizon 5 playable only on Xbox. Exclusive games also help tech giants' online game streaming services, too. In 2019, Sony paid $229 million for Insomniac Games, which is currently working on Marvel's Spider-Man 2, a PlayStation 5 exclusive due in 2023. For instance, Sony has seen PlayStation sales driven by the Spider-Man and God of War games. "Any day wants to sit down and talk, we'll be happy to hammer out a 10-year deal for PlayStation as well."Īcquisitions can help video game companies build a roster of video games playable on their specific console – and only on their system in some cases. "Our acquisition will bring Call of Duty to more gamers and more platforms than ever before," Smith said. While we believe in giving peace a chance, we have complete confidence in our case and welcome the opportunity to present it in court." Microsoft seeks to soften regulator concerns of Activision Blizzard dealĪhead of an expected decision, Microsoft had recently been ramping up its public defense of the Activision Blizzard deal. Smith noted that Microsoft's Xbox head Phil Spencer had announced Tuesday a 10-year deal to bring Call of Duty to Nintendo consoles. Microsoft President Brad Smith tweeted a response to the FTC: "We have been committed since Day One to addressing competition concerns, including by offering earlier this week proposed concessions to the FTC. “Today we seek to stop Microsoft from gaining control over a leading independent game studio and using it to harm competition in multiple dynamic and fast-growing gaming markets.” “Microsoft has already shown that it can and will withhold content from its gaming rivals,” said Holly Vedova, director of the FTC’s bureau of competition, in a statement.
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